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The Indian market reversed Mondays gains, with the Sensex dropping nearly 1,300 points and the Nifty slipping below 24,600. Despite the broader weakness, BSE, Redington, and APL Apollo hit fresh 52-week highs. Analysts see breakout opportunities in these stocks, citing strong volume trends and bullish price action, with defined upside targets and stop losses for the near term.
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News and Media
Life Insurance Corporation (LIC) has increased its stake in Bank of India to 8.38% as of May 9, acquiring an additional 2.026% stake since September 2021. This move reflects LIC's confidence in the bank's performance, which recently reported a significant surge in profit for the March quarter.
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News and Media
With valuations stretched across segments and earnings growth under pressure, he advises a cautious and value-focused investment approach while positioning gold and even silver as smart plays in the current macroeconomic landscape.
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News and Media
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